BUZZ-U.S. STOCKS ON THE MOVE-Xylem, Aurinia Pharma, Post Properties

Mon Aug 15, 2016 9:00am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

Dow Jones industrial average futures were up 0.26 percent at 18,571, S&P 500 futures were up 0.21 percent at 2,184.75 and Nasdaq 100 futures were up 0.17 percent at 4,812.5.

** TESLA MOTORS INC, Friday close $225.61, +0.26 pct premarket

The electric car maker removed the word "autopilot" and a Chinese term for "self-driving" from its China website after a driver in Beijing who crashed in "autopilot" mode complained that Tesla overplayed the function's capability and misled buyers.

** MID-AMERICA APARTMENT COMMUNITIES INC, Friday close $102.15, -3.53 pct premarket

** POST PROPERTIES INC, Friday close $62.22, +10.38 pct premarket

Mid-America Apartment said it would buy Post Properties for about $3.88 billion to create the largest publicly traded multifamily apartment real estate investment trust by units.

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